British specialist media company Future Plc (FUTR.L), Thursday said in its latest trading update that it is on course to report organic revenue and adjusted operating profit for fiscal 2025 in line with market expectations.
The company currently expects revenues of 743.2 million pounds (with a range of 732.0 million pounds-771.9 million pounds) and adjusted operating profit of 205.6 million pounds ( with a 197.0 million pounds-207.9 million pounds range).
The company said that in the B2C division, direct digital advertising grew in the second half across the US and UK despite market volatility, while programmatic advertising remained soft but improved through the six-month period. Market conditions remain volatile during the period, with ongoing weakness in enterprise technology being offset by the progress acheived in other sectors, it added.
According to Future Plc, eCommerce affiliate revenues declined due to lower audiences, whereas magazines revenues remain strong. Go.Compare division, after a good performance in fiscal 2024, saw lesser-than-expected results due to slower car and home insurance markets.
The company said that it will announce its full-year 2025 results on December 4.
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